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WEEKLY UPDATE ~ Ep. 76 - Magnificent Seven Earnings, Fed Day, and a Market at a CrossroadsThis week could define the quarter. The Magnificent Seven report earnings in rapid succession as investors focus on AI spending, revenue growth, and whether Big Tech’s dominance is built to last. Microsoft and Meta are expected to deliver blockbuster results, Tesla faces its toughest setup yet, an...
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Testing NATO. The US wants to rewrite its defense agreement with Denmark to remove any limits on its military presence in Greenland, people familiar with the matter said, in what’s become a focal point for negotiators looking to meet President Donald Trump’s demand for control over the territory. The original agreement, signed in 1951 and amended in 2004, says the US must “consult with and inform” Denmark and Greenland before it makes “any significant changes to United States military operations or facilities in Greenland.”
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BEIJING/SHANGHAI, Jan 19 (Reuters) - Tesla (TSLA.O), opens new tab is poised to be one of the first automakers to benefit from Canada's move to remove 100% tariffs on Chinese-made EVs, thanks to its early efforts to ship cars from its Shanghai plant there and its established Canadian sales network, experts say. Under the deal announced last Friday, Canada will allow up to 49,000 vehicles to be imported annually from China with a tariff of 6.1% on most-favoured nation terms. Canadian Prime Minister Mark Carney said the quota could rise to reach 70,000 vehicles within five years.
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Apple Inc. delivered record quarterly sales and a better-than-anticipated forecast for the current period, even as the company warned that rising component costs are threatening to squeeze margins. Revenue will rise 13% to 16% in the second quarter, which runs through March, the
Testing NATO. The US wants to rewrite its defense agreement with Denmark to remove any limits on its military presence in Greenland, people familiar with the matter said, in what’s become a focal point for negotiators looking to meet President Donald Trump’s demand for control
BEIJING/SHANGHAI, Jan 19 (Reuters) - Tesla (TSLA.O), opens new tab is poised to be one of the first automakers to benefit from Canada's move to remove 100% tariffs on Chinese-made EVs, thanks to its early efforts to ship cars from its Shanghai plant there and its established
Trump and NATO’s Mark Rutte announced a Greenland “deal framework” that links mineral‑rights access with joint participation in the Golden Dome missile‑defense system. Trump immediately canceled the Feb. 1 EU tariffs, calling the framework a major step for Arctic security and
DAVOS, Switzerland, Jan 19 (Reuters) - Donald Trump is expected to meet global business leaders in Davos on Wednesday, sources familiar with the matter said, as the U.S. President's presence looms large over the annual gathering of the global elite in Switzerland. Business
The International Monetary Fund again edged its 2026 global growth forecast higher on Monday as businesses and economies adapt to U.S. tariffs that have eased in recent months and a continued AI investment boom that has fueled asset wealth and expectations of productivity gains.
Global markets are facing volatility after President Donald Trump vowed to slap tariffs on eight European nations until the U.S. is allowed to buy Greenland, injecting fresh trade uncertainty as stocks slid and the dollar broadly weakened. Trump said he would impose an additional
Global stocks dropped, and the dollar eased against the safe-haven yen and Swiss franc on Monday after U.S. President Donald Trump threatened to slap extra tariffs on goods imported from European nations that oppose his planned takeover of Greenland. Gold and silver prices jumped
Why did the Trump administration launch a criminal investigation into Federal Reserve Chair Jerome Powell? Theories abound. One leading explanation is that the subpoenas were aimed at pressuring Powell to leave the Fed in a few months. Powell’s term as Fed chair ends in May, but
